Tyson Foods, Inc. is a world-class food company and a recognized leader in protein, founded in 1935. The company is dedicated to bringing high-quality food to every table, safely, sustainably, and affordably. It operates a fully vertically-integrated chicken production process and also processes live fed cattle and hogs. Key factors influencing the business include customer demand, the ability to maintain and grow customer relationships, accessibility of international markets, and operating efficiencies.

• Employees: 138,000 (as of September 28, 2024)
• Geographic Footprint: Approximately 140 countries and regions
• Headquarters: Springdale, Arkansas
• Founded: 1935
• Number of locations/facilities: 224 domestic facilities
• Revenue: $53.3 billion (FY2024)
• Key Subsidiaries/Brands: Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, State Fair, Aidells, and ibp

• CEO: Donnie King
• CFO: Curt Calaway
• Board Chair: John H. Tyson
• Other Key Executives: Lori Bondar (Senior Vice President and Chief Accounting Officer), Melanie Boulden (Chief Growth Officer), Devin Cole (President, International & Global McDonald's), Adam Deckinger (General Counsel and Secretary), Jacqueline Hanson (Chief People Officer), Wes Morris (Group President, Poultry), Kyle Narron (Group President, Prepared Foods), Brady Stewart (Group President, Beef, Pork and Chief Supply Chain Officer), John R. Tyson (Executive Vice President)

John H. Tyson has served as Chairman of the Board of Directors since 1998. Donnie King was appointed President and Chief Executive Officer in June 2021. Curt Calaway was appointed Chief Financial Officer in August 2024. Lori Bondar was appointed Senior Vice President and Chief Accounting Officer in December 2023.

• Annual Revenue: $53.3 billion (FY2024)
• Net Income: $800 million
• Total Assets: $37.1 billion
• Number of employees: 138,000
• Key Financial Highlights: Sales increased by $0.4 billion, and operating income was $1.4 billion, compared to an operating loss of $395 million in the previous year.

Tyson Foods offers a wide range of fresh, value-added, frozen, and refrigerated food products.

• Beef: Includes primal and sub-primal meat cuts, case-ready products, and specialty products like hides and variety meats.
• Pork: Includes primal and sub-primal cuts, case-ready products, and live swine.
• Chicken: Includes fresh, frozen, and value-added products such as breaded strips, nuggets, and fully cooked parts.
• Prepared Foods: Includes ready-to-eat sandwiches, sandwich components, pepperoni, bacon, breakfast sausage, and other prepared meals.

The company operates in four reportable segments.

• Beef: $20.5 billion in sales (FY2024)
• Pork: $5.9 billion in sales (FY2024)
• Chicken: $16.4 billion in sales (FY2024)
• Prepared Foods: $9.9 billion in sales (FY2024)
• International/Other: $2.4 billion in sales (FY2024)

Tyson's strategy is to deliver margins in the core protein business, grow the branded portfolio, and scale in international markets. Key strategic initiatives include identifying target markets, concentrating production and sales efforts, and utilizing national distribution systems. The company is also focused on innovation, including investments in new forms of protein and ways of improving animal welfare, water management, and packaging.

• Key strategic initiatives: Improve efficiencies, value-up offerings, grow branded portfolio, and scale in international markets.
• Growth drivers: Consumer insights, strong analytic analysis, and supported distribution systems.
• Investment priorities: Innovation in core businesses and new forms of protein.

Tyson Foods operates in the food production and processing industry, competing with other food producers and processors and prepared food manufacturers. Key market trends include changing consumer preferences, demand for alternative proteins, and global market dynamics. Walmart Inc. accounted for 18.4% of fiscal 2024 consolidated sales.

• Market Position: A world-class food company and recognized leader in protein.
• Key Competitors: Other food producers and processors, and prepared food manufacturers.
• Industry Trends: Changing consumer trends, demand for alternative proteins, and global market dynamics.

• Market Risks: Fluctuations in commodity prices, competition from other food producers, and changes in consumer preferences.
• Operational Risks: Supply chain disruptions, labor shortages, and disease outbreaks impacting livestock and poultry.
• Financial Risks: Fluctuations in currency exchange rates, changes in interest rates, and credit risks.
• Regulatory Risks: Compliance with environmental laws, food safety regulations, and other government regulations.
• Cybersecurity Risks: Cyber attacks, other cyber incidents, and security breaches.